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The Indian stock market’s decline for a third day on Monday can be attributed to a number of factors, including weak global cues, a spike in oil prices and geopolitical tensions in the Middle East.
The 30-share BSE Sensex fell 115.81 points or 0.17% to settle at 66,166.93, while the Nifty50 fell 19.30 points or 0.10% to close at 19,731.75.
Big losers:
Nestlé, Tata Consultancy Services, IndusInd Bank, Asian paintsBharti Airtel, Tech Mahindra, UltraTech Cement, Kotak Mahindra Bank and Hindustan Unilever
Big winners:
Tata Steel, JSW Steel, HCL Technologies, Axis Bank, Power Grid and Mahindra & Mahindra
In Asian markets, Seoul, Tokyo, Shanghai and Hong Kong ended lower, while European markets traded largely in negative territory. The American stock markets closed mixed on Friday.
The global oil benchmark for Brent crude fell 0.39% to $90.54 per barrel.
The 30-share BSE Sensex fell 115.81 points or 0.17% to settle at 66,166.93, while the Nifty50 fell 19.30 points or 0.10% to close at 19,731.75.
Big losers:
Nestlé, Tata Consultancy Services, IndusInd Bank, Asian paintsBharti Airtel, Tech Mahindra, UltraTech Cement, Kotak Mahindra Bank and Hindustan Unilever
Big winners:
Tata Steel, JSW Steel, HCL Technologies, Axis Bank, Power Grid and Mahindra & Mahindra
In Asian markets, Seoul, Tokyo, Shanghai and Hong Kong ended lower, while European markets traded largely in negative territory. The American stock markets closed mixed on Friday.
The global oil benchmark for Brent crude fell 0.39% to $90.54 per barrel.
